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Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Uber loses USD 1 billion in quarter as costs grow for drivers, food...

Revenue of USD 3.1 billion matched the high end of the range Uber forecast for the quarter and the loss of USD1.0...

31 May 2019 11:51 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Telecom stake in Airtel comes down to 41.24 per cent

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

29 May 2019 9:25 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe's profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM IST

PNGRB last week gave GAIL four more years till February 2019 to complete the 1104-km Kochi-Koottanad-Bangalore-Mangalore natural gas pipeline.

GAIL posts 20 per cent rise in Q4 net profit; declares 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with Rs 15,430.69 crore.

27 May 2019 2:27 PM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

DLF cuts net debt by 34 per cent in Q4 to Rs 4,483 crore

DLF's net debt has come down from Rs 7,224 crore in Q3 of FY19 to Rs 4,483 crore in Q4 of FY19

27 May 2019 11:25 AM IST

The JSW Steel scrip closed 2.41 per cent up at Rs 294.85 on the BSE, as against a gain of 0.46 per cent on the benchmark.

JSW Steel Q4 consolidated net profit shrinks 48 pc to Rs 1,495 crore

The company had posted a consolidated net profit of Rs 2,879 crore in the year-ago quarter, JSW Steel.

24 May 2019 3:58 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

OVL FY19 net profit jumps 71 pc on rise in oil production

Oil production rose to 10.1 million tonnes in 2018-19 from 9.35 million tonnes in the previous year.

24 May 2019 12:17 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS confident of growth across Latin America, India and other markets

The over USD 20-billion revenue company is also confident of expanding its play in large markets.

19 May 2019 11:43 AM IST

Mastercard has over USD 4.5 billion worth of investment in India.

Mastercard to double India headcount to 4,000 in 5 years

Mastercard recently announced an investment of USD one billion over the next five years on increasing infrastructure.

16 May 2019 4:04 PM IST

The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year.

Bank of India post Rs 252 crore profit in Q4

Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore.

16 May 2019 2:47 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

InterGlobe Aviation shares tank nearly 8 per cent

Promoters hold about 75 per cent stake in InterGlobe Aviation as per March quarter shareholding pattern on the BSE.

16 May 2019 12:20 PM IST